Hon'ble Minister for Railways Sh. Malikarjun Kharge has written a D.O. Letter to Minister for Finance regarding abolition of New Pension System from India Railways. The text of the said letter, which has been published by AIRF, is reproduced below:-
MALLIKARJUN KHARGE
MINISTER FOR RAILWAYS
GOVERNMENT OF INDIA
NEW DELHI
No. 2012/F(E)III/1/4-Part
29 March, 2014.
Dear Shri P. Chidambaram ji,
Through this letter, I wish to draw your attention to a long standing demand raised by both Staff Federations of Railways on National Pension Scheme (NPS) for employees of Indian Railways. The Federations have been expressing resentment over operation in the Railways of the National Pension Scheme, which is perceived as a lower social security cover for Railway employees. Their contention is that there are enough grounds for Railway employees to be treated differently from other civil employees of the Government, and that Indian Railways should operate the traditional defined .benefit pension scheme available to pre-01-01-2004 appointee's.
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